2427 NORTH SHORE ROAD, Algonquin Highlands (stanhope), ON K0M1S0
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2427 NORTH SHORE ROAD, Algonquin Highlands (stanhope), ON K0M1S0
2427 NORTH SHORE ROAD, Algonquin Highlands (stanhope), ON K0M1S0
2427 NORTH SHORE ROAD, Algonquin Highlands (stanhope), ON K0M1S0
2427 NORTH SHORE ROAD, Algonquin Highlands (stanhope), ON K0M1S0
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Prabal Lahon

Prabal Lahon

+1(403) 660-0502
$ 515,000
Est. payment /mo
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2427 NORTH SHORE ROAD Algonquin Highlands (stanhope), ON K0M1S0

5 Beds

2 Baths

1,100 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $468

Subdivision Stanhope

MLS® Listing ID X13474832

Bedrooms 5

Property Sub-Type Freehold

Property Description

TURNKEY DUPLEX-Cash-Flowing from Day One! This Legal Duplex is Fully renovated with Reliable tenants providing Immediate income. This is the kind of asset investors wait for: a completely updated, income-producing property with nothing left to do but collect rent. The numbers speak for themselves: Monthly Income-$4,200 ( tenants pay all utilities) Est. Mortgage payment - $2,300/mth @ Current variable rate on $450 K means a Net position- Positive cash flow from closing. Here's what's been done ( So you don't have to)... Every major system and finish has been upgraded in the past 2 years: Exterior-New Siding, newer windows, upgraded insulation, interior-new flooring, brand-new- kitchens with appliances, renovated bathrooms and in suite laundry on each floor. THE BONUS: There's Ample parking for both units. THE UNITS: Lower ( 2 Bed) Open -concept kitchen, dining, living area. Two large bedrooms with generous closet space. Covered patio with side-yard access. Upper (3Bed) Open-concept layout. Three large bedrooms, south facing deck, private entry with backyard access. Why this property: Proven tenants-long standing occupants with perfect payment history and Zero deferred maintenance. This is a fabulous investment in a market where multi-family inventory is tight. At this price point and cash-flow profile, hesitation is your only risk. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Lower level 2.93 m X 3.73 m Dining room

Extra Room 2 Lower level 2.48 m X 5.96 m Kitchen

Extra Room 3 Lower level 3.65 m X 3.2 m Living room

Extra Room 4 Lower level 3.58 m X 3.95 m Primary Bedroom

Extra Room 5 Lower level 3.58 m X 2.81 m Bedroom 2

Extra Room 6 Lower level 2.83 m X 2.46 m Bathroom

Interior

Heating Baseboard heaters, Forced air, ,

Cooling None

Exterior

Parking Features No

Fence Fenced yard

Community Features School Bus, Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 2

Sewer Septic System

Others

Ownership Freehold

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Listed by Century 21 Granite Realty Group Inc.
Prabal Lahon

Prabal Lahon

Real Estate Advisor | CON-00105491

+1(403) 660-0502

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2427 NORTH SHORE ROAD